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Uncovered tax documents show Trump kept '2 sets of books' and may have committed financial fraud

Discussion in 'Current Events' started by cd8ed, Oct 16, 2019.

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  1. Junkieturtle

    Junkieturtle Well-Known Member Donor

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    "I'm shocked!" said nobody including his supporters.
     
    Junkieturtle, Oct 17, 2019
    #126
  2. jay runner

    jay runner Banned

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    Did Trump pay back the loans?

    If so all is well. If so, there is no reason to snoop.
     
    jay runner, Oct 17, 2019
    #127
  3. cd8ed

    cd8ed Well-Known Member Past Donor

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    The head of the IRS has admitted they do not have the staff to audit complicated returns properly and instead just focus on simple returns.

    Also why has the source been attached 100 times in this thread? They are rated by fact check organizations as typically being “highly factual”.
    Almost like you want to bury your head in the sand
     
    cd8ed, Oct 17, 2019
    #128
  4. jay runner

    jay runner Banned

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    That's what happens when you have a tax code of 17 million pages of complexity to the nineteenth power.

    It's very, very expensive to get the education to understand it, and even more expensive to then go through all the complex the gyrations to enforce it.

    The only hope of the USA is Forbe's flat tax.
     
    jay runner, Oct 17, 2019
    #129
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  5. gamewell45

    gamewell45 Well-Known Member Past Donor

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    It's republican for "you are correct and I have no valid response".
     
    gamewell45, Oct 17, 2019
    #130
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  6. Collateral Damage

    Collateral Damage Well-Known Member

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    Back on that? You never responded last time I called you out on it, so that pretty much says you have no way to refute the fact that not only were they responsible for their own health insurance, but consideration of the fact that they proceeded to sue the estate, and still expected a 'favor'.
     
    Collateral Damage, Oct 17, 2019
    #131
  7. Collateral Damage

    Collateral Damage Well-Known Member

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    How much of it is directly accountable to an actual crime, and not stupid lying that had nothing to do with the supposed crime?
     
    Collateral Damage, Oct 17, 2019
    #132
  8. cd8ed

    cd8ed Well-Known Member Past Donor

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    Yes
     
    cd8ed, Oct 17, 2019
    #133
  9. Eleuthera

    Eleuthera Well-Known Member Donor

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    I'm pretty sure some of that was covered in David Cay Johnston's book "The Making of Donald Trump"
     
    Eleuthera, Oct 17, 2019
    #134
  10. cd8ed

    cd8ed Well-Known Member Past Donor

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    Which would decimate poor homes and allow rich ones to buy an eight yacht.
    It also doesn’t tax capital gains which is how most wealthy make their money — their tax would effectively be $0.00.
    That’s not an option.
     
    cd8ed, Oct 17, 2019
    #135
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  11. Pred

    Pred Well-Known Member

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    Obviously illegally. I don’t have the time to check but leaking private tax records has to be a crime. If taking something out of someone’s mailbox is a crime how can someone’s private finances being stolen not be?
     
    Pred, Oct 17, 2019
    #136
  12. gamewell45

    gamewell45 Well-Known Member Past Donor

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    That remains to be seen. Let the investigation take it's course.
     
    gamewell45, Oct 17, 2019
    #137
  13. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    Do you care that Flynn and Papadopoulos were coerced into pleading guily to dubious, at best, charges?
     
    Thought Criminal, Oct 17, 2019
    #138
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  14. MrTLegal

    MrTLegal Well-Known Member

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    Pro Publica explains their sourcing in this article: https://www.propublica.org/article/...rump-tax-documents-show-major-inconsistencies

     
    MrTLegal, Oct 17, 2019
    #139
    PARTIZAN1, truth and justice and cd8ed like this.
  15. MrTLegal

    MrTLegal Well-Known Member

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    Flynn and Papadopoulos pled guilty to crimes in order to avoid prosecution for more serious crimes.
     
    MrTLegal, Oct 17, 2019
    #140
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  16. cd8ed

    cd8ed Well-Known Member Past Donor

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    Property tax records are public record — including adjustments. My state has an online database where you can look up anyone’s.
     
    cd8ed, Oct 17, 2019
    #141
  17. AKS

    AKS Banned

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    I think you need to question who this piece was written for - I wouldn't expect much technical jargon. Can you engage the gist of the article? Honest request.
     
    AKS, Oct 17, 2019
    #142
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  18. AKS

    AKS Banned

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    The IRS doesn't investigate loans
     
    AKS, Oct 17, 2019
    #143
  19. AKS

    AKS Banned

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    Said no one here. C'mon be honest or don't post at all.
     
    AKS, Oct 17, 2019
    #144
  20. Collateral Damage

    Collateral Damage Well-Known Member

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    I was actually referencing the people that have already 'pled guilty', not Trump.

    While 'letting the investigation take its course', of which I could have no possible influence, I find it of questionable position that a formal vote has not been taken, therefore sidestepping many LEGAL matters of this 'investigation. Let's be realistic. It's not an 'investigation', there isn't a specific thing to be 'investigated'. They are running Trumps life through a sieve, hoping something may appear.

    While I have no love for Trump, the DNC is setting a precedence that will come back to haunt them, and all future Presidential administrations.
     
    Collateral Damage, Oct 17, 2019
    #145
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  21. Collateral Damage

    Collateral Damage Well-Known Member

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    There are other methods of income other than direct rent. As you noted, semantics matter. :)
     
    Collateral Damage, Oct 17, 2019
    #146
  22. MrTLegal

    MrTLegal Well-Known Member

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    Watch please.



    This is a link to the Pro Publica report: https://www.propublica.org/article/...rump-tax-documents-show-major-inconsistencies
     
    Last edited: Oct 17, 2019
    MrTLegal, Oct 17, 2019
    #147
  23. APACHERAT

    APACHERAT Well-Known Member Past Donor

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    Doesn't have to be tax evaders but back when over the road long haul truck drivers had to keep a log book it was more than common to keep two or more log books so they could keep on trucking making money.

    Even contractors in the construction trades will keep two sets of books.
    One legit for the IRS and one not so legit for the owner or inspectors etc.
     
    APACHERAT, Oct 17, 2019
    #148
  24. MrTLegal

    MrTLegal Well-Known Member

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    Reporting one set of facts to tax authorities and a different set of facts to loan authorities - when you make sworn statements as to the veracity in both reports - is something worth investigating.
     
    MrTLegal, Oct 17, 2019
    #149
  25. Collateral Damage

    Collateral Damage Well-Known Member

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    Collateral Damage, Oct 17, 2019
    #150
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